Mccormick (MKC) Tax Rate (2009 - 2026)

Mccormick's Tax Rate history runs 18 years deep, the most recent figure standing at 28.84% for Q2 2026.

• Quarterly Tax Rate rose 474.0% year-over-year to 28.84% in Q2 2026, while the trailing twelve-month figure through May 2026 was 23.42% (up 133.0% YoY) and the FY2025 annual result came in at 21.45%, up 96.0% from the prior year.
• Tax Rate was 28.84% for Q2 2026 at Mccormick, up from 26.32% in the prior quarter.
• Across five years, Tax Rate topped out at 28.84% in Q2 2026 and bottomed at 13.53% in Q2 2024.
• A 5-year average of 21.69% and a median of 22.14% in 2023 frame the typical range for Tax Rate.
• Annual changes were most pronounced in 2022 — Tax Rate plunged 918 bps — and 2025, when it soared 1056 bps.
• Mccormick's Tax Rate stood at 23.3% in 2022, then retreated by 5 bps to 22.16% in 2023, then advanced by 15 bps to 25.44% in 2024, then fell by 6 bps to 23.94% in 2025, then increased by 20 bps to 28.84% in 2026.
• Business Quant data shows MKC's Tax Rate at 28.84% in Q2 2026, 26.32% in Q1 2026, and 23.94% in Q4 2025.